Cincinnati Financial (CINF) Earnings Dates, Call Summary & Reports

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Earnings Data

Report Date

Apr 23, 2026

After Close (Confirmed)

Period Ending

2026 (Q1)

Consensus EPS Forecast

1.98

Last Year’s EPS

-0.24

Same Quarter Last Year

Analyst Consensus

Strong Buy

Based on 4 Analysts Ratings

Earnings Call Summary

Q4 2025

Earnings Call Date:Feb 09, 2026|

% Change Since:

Earnings Call Sentiment|Positive

The call presented multiple strong financial and operational positives—modest full-year net income growth (4%), an exceptionally strong fourth quarter (net income up 67%), favorable investment income and portfolio gains, robust cash generation, record book value, and targeted reinsurance enhancements and AI investments. These positives were tempered by material challenges: the largest catastrophe loss in company history, higher catastrophe-driven combined-ratio pressure, personal lines underwriting deterioration (combined ratio >100%), reserve additions (including IBNR), and continued uncertainty in commercial casualty and workers' compensation. On balance, the company communicated disciplined underwriting, effective capital management, and actionable mitigants (reinsurance changes, pricing discipline, technology) that support confidence in future results despite near-term headwinds.

Company Guidance

The company’s forward-looking guidance emphasized continued pricing discipline and balance-sheet protection: per‑risk reinsurance rates are down ~7% on average for 2026, the property-catastrophe program top was raised to $2.0B (from $1.8B) effective 7/1/2025—reducing company retention on a $2.0B event to $523M (vs. $803M in 2025)—and 2026 ceded premiums are expected to be about $204M (vs. $192M in 2025). Management expects 2026 rates to exceed loss costs in all lines except workers’ comp and reported typical renewal increases in the quarter of mid‑single digits for standard and E&S commercial, low double‑digit for homeowners and high single‑digit for personal auto; commercial net written premiums grew 7% in 2025, personal 14% and E&S 11%. Investment guidance reflected confidence in reinvestment opportunities (Q4 fixed‑maturity pretax yield 4.92%, purchased bonds avg 5.6%, $1.6B net fixed‑maturity purchases in 2025) and an expectation that longer‑end yields will hold to drive solid investment income growth after investment income rose 9% Q4 / 14% FY 2025; the total portfolio had ~ $8.4B net appreciation at year‑end. Capital priorities remain intact: returning $730M in 2025 ($525M dividends, $205M buybacks; ~1.4M shares repurchased at $151 avg, 651k at $157 in Q4), parent cash/marketables of $5.6B, debt/total capital <10%, record book value $102.35 and $15.9B GAAP equity, while the VCR was a strong 18.8% (well above the 10–13% target range).

Record Full-Year and Strong Fourth Quarter Net Income

Full year 2025 net income of $2.4B, up 4% vs. 2024; fourth quarter net income $676M, up 67% YoY (included $145M after-tax equity fair value increase). Non-GAAP operating income: Q4 $531M (up 7%), FY up 5%.

Outstanding Quarterly Combined Ratio and Improved Accident-Year Results

Fourth quarter property-casualty combined ratio of 85.2%; full year combined ratio 94.9% (near midpoint of long-term target). Current accident-year combined ratio (12 months, before catastrophe) improved by 0.4 percentage points.

Segment Growth and Profitability

Commercial lines: FY combined ratio 91.1% (improved 2.1 pts) with net written premiums +7%. Personal lines: net written premiums +14% for the year. Excess & Surplus: combined ratio 88.4% (improved 5.6 pts) with net written premiums +11%. Cincinnati Global combined ratio 79.2% with premium growth +10%. Life subsidiary net income +16%; term life earned premiums +3%.

Investment Income and Significant Portfolio Gains

Investment income rose 9% in Q4 and 14% for the full year. Bond interest income +10% in Q4; net purchases of fixed maturities $1.6B for the year. Q4 pre-tax equity gains $181M and bond gains $24M. Total investment portfolio net appreciated value ~ $8.4B.

Strong Cash Generation and Capital Returns

Operating cash flow $3.1B for FY2025 (up 17%). Returned $730M of capital (dividends $525M; share repurchases $205M; ~1.4M shares repurchased at avg $151). Parent cash & marketable securities $5.6B; record quarter-end book value $102.35; GAAP shareholders' equity $15.9B; debt to total capital <10%.

Value Creation Ratio Well Above Target

Full year 2025 VCR of 18.8% exceeded five-year annual average target range (10%–13%). Net income before investment gains/losses contributed 9.1% and higher portfolio valuation/other contributed 9.7%.

Enhanced Catastrophe Reinsurance Structure

Property catastrophe treaty top increased to $2.0B (from $1.8B). For a $2.0B event in 2026 the company would retain $523M vs. $803M in 2025; 2026 ceded premiums expected ~ $204M (vs. $192M in 2025), giving stronger balance-sheet protection.

Technology & AI Initiatives to Improve Underwriting Productivity

Established AI center of excellence and deployed generative AI tools (e.g., proprietary chatbot for commercial underwriters) to improve data architecture, underwriting reference access, pricing precision and productivity—expected to positively impact profitability and growth over time.

Cincinnati Financial (CINF) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

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CINF Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Apr 23, 2026	2026 (Q1)	1.98 / -	-0.24	―	―	―
Feb 09, 2026	2025 (Q4)	2.90 / 3.37	3.14	7.32% (+0.23)	―
Oct 27, 2025	2025 (Q3)	2.14 / 2.85	1.42	100.70% (+1.43)	―
Jul 28, 2025	2025 (Q2)	1.41 / 1.97	1.29	52.71% (+0.68)	―
Apr 28, 2025	2025 (Q1)	-0.62 / -0.24	1.72	-113.95% (-1.96)	―
Feb 10, 2025	2024 (Q4)	1.90 / 3.14	2.28	37.72% (+0.86)	―
Oct 24, 2024	2024 (Q3)	1.46 / 1.42	1.66	-14.46% (-0.24)	―
Jul 25, 2024	2024 (Q2)	0.96 / 1.29	1.21	6.61% (+0.08)	―
Apr 25, 2024	2024 (Q1)	1.69 / 1.72	0.89	93.26% (+0.83)	―
Feb 06, 2024	2023 (Q4)	1.95 / 2.28	1.27	79.53% (+1.01)	―

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

CINF Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Feb 09, 2026	$168.70	$163.09	-3.33%
Oct 27, 2025	$156.82	$150.96	-3.74%
Jul 28, 2025	$145.52	$150.78	+3.62%
Apr 28, 2025	$133.61	$137.52	+2.93%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Cincinnati Financial Corp. (CINF) report earnings?

Cincinnati Financial Corp. (CINF) is schdueled to report earning on Apr 23, 2026, After Close (Confirmed).

What is Cincinnati Financial Corp. (CINF) earnings time?

Cincinnati Financial Corp. (CINF) earnings time is at Apr 23, 2026, After Close (Confirmed).

Where can I see when companies are reporting earnings?

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What is CINF EPS forecast?

CINF EPS forecast for the fiscal quarter 2026 (Q1) is 1.98.